Payroll processing as a function requires a lot of accuracy and attention to detail in its execution. It also involves compliance with a number of rules and regulations of the Central government, State government as well as local body laws.
The size of the business offers a little concession, and all entities, large and small need to execute the entire process month after month and would do well to outsource this function.
Payroll processing services include:
Employee onboarding
We ensure a smooth onboarding of your employees by issueing offer letter, collection of documents, adding the employee to your system that will go a long way in the employees' journey with you.
Monthly processing
Taking in the monthly attendance, adjusting for one time payouts, deducting for loss of pay, accounting for law changes etc. are among the many functions that we process month-after-month for you.
Employee Self Service
We have moved the entire payroll function online from employee attendance to payslip communication to leave tracking to timesheet to employee reimbursement; life was never simpler for you, the employer.
Salary Structure
We structure the salary for your employees to minimise his tax with no impact on the total Cost to Company resulting in a win-win for the both of you without an additional cost.
Statutory Returns
We take care of the the long list of returns you need to be file with the regulators wrt your employees including EPF, ESIC, Profession Tax, Tax deducted at Source etc.
Tax Advisory
If you are interested in extending our expert tax advisory services to your employees, we have it all covered for you.